Karnataka Bank was awarded with ‘Prathista Puraskar’ under ‘Digidhan Awards 2021-22’ by Ministry of Electronics and Information Technology (MeitY), government of India for achieving target with highest percentage in BHIM-UPI transactions in private sector bank category. Labelled as ‘KBL-NxT’, the bank is currently undertaking an accelerated digital drive under its transformation journey ‘KBL VIKAAS 2.0’. This award is an ideal tribute to the founding fathers of this great institution as Karnataka Bank is stepping into its 100th year of its fruitful existence.”
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Karnataka Bank Limited was incorporated on 18 February 1924, and commenced business on 23 May 1924. Its founders established it at Mangalore, a coastal town in the Dakshina Kannada district of Karnataka.
Karnataka Bank Limited is an Indian private sector bank based in Mangalore. It is an ‘A’ Class Scheduled Commercial Bank with a network of 898 branches, 1 extension counter, 885 ATMs, 563 cash recyclers and 546 e-lobbies/mini e-lobbies across 22 states and 2 union territories. It has 8,519 employees and over 11 million customers throughout the country. Its shares are listed on the NSE and BSE. The tagline of the bank is “Your Family Bank Across India.”
Karnataka Bank Limited has adopted core banking, internet banking and has established its “MoneyPlant” (885 ATMs, 563 cash recyclers and 546 e-lobbies/mini e-lobbies) system across the country.
Important takeaways for all competitive exams:
You may also read this:
The famous TCS World 10k Bengaluru race will take place on 26 April 2026, and…
India lost a senior and respected political leader on April 8, 2026, as Mohsina Kidwai…
India has taken another strong step in boosting its defense power with the silent commissioning…
Banking services in India are taking a big step forward with the use of new…
India has taken another important step in strengthening its ties with neighboring countries. The Indian…
India is celebrating 11 successful years of the Pradhan Mantri Mudra Yojana (PMMY), a major…